siliconindia | | January 20148firstfuel secures $8.5 Million in Series B Round of funding Reflexis Systems raises $28.4 Million in new round of fundingFirstFuel Software is the building energy analytics company that helps utilities and government agencies deliver energy efficiency across commercial building portfolios.The company has raised another funding round of $8.5 million, bringing its total funding to $20.9 million to date. The company's investors include utility giant E.ON and venture capitalists Nth Power, Rockport Capital and Battery Ventures.The company has developed a breakthrough method for identifying, creating and tracking energy efficiency (EE) savings opportunities behind the meter in commercial buildings. Requiring only electric interval meter data and a building address, the company produces a remote set of building-specific performance benchmarks and custom recommendations that utilities and government agencies can provide to building operators ­ without the use of onsite assessments or device installations.FirstFuel's analytics are interesting because they use data to remotely determine the energy information of a commercial building, like its energy consumption habits, and can give recommendations for how to make the building run more energy efficiently. The company does not use onsite hardware (like sensors) or onsite energy audits to get this data, but says its energy info and recommendations are as accurate and effective as if the building had used hardware or an audit.One of the major groups of customers for such a service are utilities which want a cheaper and quicker way to figure out the energy information about their large commercial customers. The company has been growing rapidly over the past year, and as of November, it's software has analyzed over 700 million square feet of total commercial building space. FirstFuel has deployed its analytics with government agencies, too, including the U.S. General Services Administration and the Washington D.C. Department of General Services.In a new round of funding, the Massachusetts based Reflexis Systems, Inc, a provider of workforce management/task execution solutions raises $28.4 million in PE funding. Founded in 2001, the company plays in the space of workforce management/task execution solutions that enable retailers to execute their strategy flawlessly and uncover profit. The privately held Reflexis is headed by Prashanth Palakurthi and has offices in UK, Netherlands and India along with the U.S. with over 200 employees contributing to the success of the company and more than 125 customers globally. Reflexis' clientele includes The Home Depot, Metro AG, Tesco plc, Sears Holdings, Staples, Circuit City, AutoZone and many others. Reflexis helps retailers turn strategy into action and increase sales. Its solutions enable retailers to drive excellence in their corporate, store and vendor operations by employees, suppliers and third party service providers. Through Reflexis solutions, customers have reported dramatic improvements in store-level compliance with corporate strategies, higher productivity of merchandising, field & store management, and increased sales and profitability. The company has been rated above all other workforce management software companies by the retailers for the eight year in a row. In 2007 Reflexis acquired Enfotrust Networks, a provider of vendor performance management and learning solutions for merchandisers, retailers and manufacturers to enable flawless execution of retail strategy by in-store employees as well as suppliers and third-party service providers. Swapnil Shah Prashanth Palakurthi
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